Phoenix FBI Investigating Money Laundering

posted by Debra Dale -

Nov 27, 2018

(Phoenix, AZ) -- The FBI Phoenix Field Office is leading an investigation into several companies accused of laundering U.S. dollars for sanctioned North Korean banks. A federal complaint alleges the banks used those funds to buy goods for the North Korean government and to illegally gain access to U.S. financial markets. Federal prosecutors want the Singapore and China-based firms to forfeit three-point-one million dollars in the case.